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Rs 570 crore seized from 3 containers in TN belongs to SBI: EC

The Rs 570 crore cash seized from three containers in Tamil Nadu on Saturday belongs to the State Bank of India but it will not be handed over to the bank before a proper probe by the Income Tax......

SBI posts Rs 24 bn loss in Q3 over NPA provision, 1st in 19 years

Loss takes analysts by surprise, as they were expecting the bank to post a net profit of Rs 19 billion. State Bank of India (SBI), the country’s largest bank, posted a quarterly loss for the......

2 PSU bank unions may strike work on Dec 27

However, the likely impact of strike may not be much excluding few areas, said SBI. A section of bank unions have given a strike call for December 27 for early implementation of wage revision for......

How SBI plans to retain its competitive edge

The bank is also working on a three-year business plan, nearly coinciding with the time its new chairman Rajnish Kumar would be in the corner office. State Bank of India (SBI) will assess......

Investor wealth surges by Rs 1.96 lakh cr as stocks zoom

From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent. Stock market investors became richer by Rs 1.96 lakh crore on Wednesday......

SBI gets a new chairman, to take over on Oct 7

Rajnish Kumar was on Wednesday appointed the new chairman of the largest public sector bank, State Bank of India (SBI), replacing Arundhati Bhattacharya who completes her one-year extended term on......
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Sensex slips below 34k level, down 131 pts in early trade

The benchmark BSE Sensex slipped below the 34,000-mark by falling nearly 131 points in early trade today, extending Friday's losses as investors... ...

http://news.rediff.com/commentary/2018/feb/19/sensex-slips-below-34k-level-down-131-pts-in-early-trade/8103694d09febe8f22d46dc4edabfd3d
Arvind Subramanian on how to prevent bank scams

CEA offers three compelling arguments in his case for privatisation of government-owned banks. Chief Economic Advisor to the Government of India,... ...

http://www.rediff.com/money/report/arvind-subramanian-on-how-to-prevent-bank-scams/20180218.htm
200 shell firms, benami assets under scanner

At least 200 shell firms and “benami” assets have come under the scanner of the investigative agencies that are probing the Rs... ...

http://www.rediff.com/money/report/pnb-fraud-200-shell-firms-benami-assets-under-scanner/20180218.htm
Led by SBI, 5 out of 10 most-valued firms see Rs 387.24-bn drop in m-cap

Among the gainers were RIL, HDFC Bank, HDFC, HUL and Infosys Press Trust of India | NEWDELHI Last Updated at February 18, 2018 13:09 IST The... ...

http://www.business-standard.com/article/markets/led-by-sbi-5-out-of-10-most-valued-firms-see-rs-387-24-bn-drop-in-m-cap-118021800115_1.html
SBI launches Global NRI Center to enhance customer experience

The State Bank of India (SBI) on Friday launched its Global NRI (GNC) center, a one-stop customer service solution for all NRI banking related... ...

http://www.business-standard.com/article/news-ani/sbi-launches-global-nri-center-to-enhance-customer-experience-118021700404_1.html

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